Deficit spending is simply a scheme for the confiscation of wealth.If I seem unduly clear to you, you must have misunderstood what I said.
ALAN GREENSPANEnhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making
More Alan Greenspan Quotes
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The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…
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Rules cannot take the place of character.
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History has not dealt kindly with the aftermath of protracted periods of low risk premiums.
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I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
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If I say something which you understand fully in this regard, I probably made a mistake.
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It’s not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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And she always has so much fun doing it. We make a good team.
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Then fear hits, and it comes down very sharply. When I started to look at that.
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An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions.
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Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
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The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
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Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets.
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It is decidedly not true that “nice guys finish last,” as that highly original American baseball philosopher, Leo Durocher, was alleged to have said.
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Gold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPAN